Towne Lake Real Estate Guide

I’m still thinking green, and I came across two home improvement items that could help with energy costs around the house.

Attic Wrap — Another Energy Saving Technique

“Without going into too much detail about the mechanics, methods and materials of Dupont’s Attic Wrap, suffice it to say, it is similar in use and function to other Tyvek weatherization products . . . but specifically designed for roofing systems as a semi-permeable barrier to keep attics warmer in winter and cooler in summer.”

Cutting Energy Costs With Paint — The Case for Ceramic Insulating Paint

“While not as widely used as might be expected, insulating paint is worth a second look. A NASA spinoff technology, ceramic paint and ceramic paint additive offer a number of advantages over regular paint at reasonable cost.”

Forbes Magazine just released their list of the fastest growing suburbs in America. Guess what? Woodstock is the fastest growing suburb in Georgia. In fact, it’s the 10th fastest growing suburb in America.

2000 Population - 10,697
2006 Population - 21,482
100.8% Growth

One of the things that I have decided to do to enrich my every day life, is to live a “little more green”. You know what I am talking about. I want to conserve electricity, lower my energy bills and just simply help the environment in any way I can.

In the beginning portion of my research I came across a blog called, Living Green. The author, Aaron Doyle, is a fellow realtor and an EcoBroker. Her blog introduced me to 16 Ways To Green Your Home. The link is to a .pdf at the U.S. Green Building Council, which takes a more in depth look at the 16 ways to lower the impact of everyday living. After that, go check out the Living Green blog.

1. Switch to Compact Fluorescent Light Bulbs
2. Program Your Thermostat
3. Plug Air Leaks
4. Tune Up Your Heating and Cooling (HVAC) System
5. Choose ENERGY STAR® Appliances
6. Reduce Water Use
7. Switch to Green Power
8. Buy Local
9. Use Low-VOC Products
10. Use Wood Alternatives or FSC-certifi ed Wood Products
11. Use Rapidly Renewable Flooring Materials
12. Plant Trees to Provide Shade and Wind Protection for Your House
13. Use Native Plantings
14. Use Nontoxic Gardening Techniques
15. Carpool, Use Public Transportation, Walk or Bike When Possible
16. Buy a High-efficiency Car

Have you ever wondered what a mortgage rate rise of say 0.750% would do to your monthly payments? Well, you may be shocked to see that it could cost you $40,000.

I still haven’t decided if the new Ridgewalk live, work community that’s being developed up near the new Rope Mill exit from 575 is really Towne Lake. Maybe you all can help me decide this issue. Is Ridgewalk in Towne Lake or Olde Town Woodstock? Let me know what you think. Now, on to real news…

Meridian at Ridgewalk is a ranch villa development with three and four bedroom homes priced in the mid $300’s up to the upper $400’s. The builders have designed each villa around a 1,000 square foot courtyard, with walls and glass doors facing into these courtyards. All the courtyard are enclosed by a privacy fence.

The community will feature a clubhouse with exercise room, full kitchen, a card room and entertainment areas.

A 24 hour, 7 days a week hotline has been announced to assist Georgia homeowners avoid foreclosure. The program, called HOPE, will also offer face to face counseling to Georgians who may be at risk of losing their homes to foreclosure. This program announcement comes on the heels of a report that places Atlanta’s 2006 foreclosure total at 63,737 homes, 4.4% of the city’s households, which is 2nd highest in the country among major metro areas.

The hotline phone number is 1-888-995-HOPE (4673)

For each of the Towne Lake communities, here are the basic real estate sales figures for the month of October 2006. To receive more detailed information about a particular neighborhood, a particular home or aspect about Towne Lake real estate, please contact me.

• Towne Lake Hills: 3 Homes Sold - Average Sale Price $411,833 - Average Days On Market 132
• Eagle Watch: 9 Homes Sold - Average Sale Price $306,222 - Average Days On Market 87
• Deer Run: 1 Home Sold - Average Sale Price $309,000 - Average Days On Market 49
• Parkview: 1 Home Sold - Average Sale Price $163,000 - Average Days On Market 5
• Rose Creek: 1 Home Sold - Average Sale Price $168,000 - Average Days On Market 74
• Summerchase: 1 Home Sold - Average Sale Price $230,000 - Average Days On Market 17
• Wellesley: 0 Homes Sold
• Wyngate: 4 Homes Sold - Average Sale Price $226,225 - Average Days On Market 42
• Brookshire: 5 Homes Sold - Average Sale Price $206,305 - Average Days On Market 75

Here’s the homes sold data for Towne Lake in the month of September 2006. If you would like more detailed information about a particular neighborhood or a particular home, please contact me.

• Towne Lake Hills: 6 Homes Sold - Average Sale Price $396,900 - Average Days On Market 60
• Eagle Watch: 5 Homes Sold - Average Sale Price $312,930 - Average Days On Market 85
• Deer Run: 7 Homes Sold - Average Sale Price $267,402 - Average Days On Market 32
• Parkview: 3 Homes Sold - Average Sale Price $151,942 - Average Days On Market 39
• Rose Creek: 2 Homes Sold - Average Sale Price $184,000 - Average Days On Market 40
• Summerchase: 0 Homes Sold
• Wellesley: 0 Homes Sold
• Wyngate: 6 Homes Sold - Average Sale Price $226,748 - Average Days On Market 71
• Brookshire: 7 Homes Sold - Average Sale Price $191,671 - Average Days On Market 116

In the month of August, Brookshire saw 8 homes be placed under contract to sell and 6 homes sell, according to FMLS.

The homes that sold in Brookshire were:

• 524 Ashland Parkway sold on August 28th for $288,000 which was 97.33% of its original asking price. This home had 5 bedrooms and 3 and a half bathroom.
• 312 Gainesway Trail sold on August 25th for $239,900 which was 100% of its original asking price. This 4 bedroom, 2 and a half bathroom cul-de-sac home was on the market for 26 days.
• 357 Santa Anita Avenue sold on August 21st for $214,900 which was 97.72% of its original asking price. This 4 bedroom, 3 bathroom home was on the market for 99 days.
• 112 Whirlaway Place sold on August 10th for $213,500 which was 99.85% of its original asking price. This home had 3 bedrooms and 2 bathrooms.
• 203 Castleton Court sold on August 31st for $184,900 which was 98.61% of its original asking price. This 3 bedroom, 2 and a half bathroom cul-de-sac home was on the market for 45 days.
• 703 Castleton Lane sold on August 4th for $179,000 which was 101.87% of its original asking price. This 3 bedroom, 2 and a half bathroom home was on the market for 59 days.

The homes that went under contract in Brookshire were:

• 804 Waveland Court went under contract on August 25th. The original asking price was $241,000 for this 4 bedroom, 2 and a half bathroom cul-de-sac home.
• 215 Gainesway Park went under contract on August 25th. This home with 4 bedrooms and 2 and a half bathrooms was listed for $234,900.
• 303 Ashland Court went under contract August 6th. This home has 3 bedrooms and 2 and a half bathrooms and was originally priced at $216,900.
• 202 Castleton Court went under contract on August 30th. The original asking price was $198,900 for this 3 bedroom, 2 and a half bathroom home.
• 941 Santa Anita Drive went under contract on August 12th. This home with 4 bedrooms and 2 bathrooms was listed for $197,900.
• 178 Walnut Hall Circle went under contract August 25th. This home has 3 bedrooms and 2 and a half bathrooms and was originally priced at $192,900.
• 220 Ashland Drive went under contract on August 20th. $188,900 was the original asking price for the 3 bedroom, 2 and a half bathroom home on a cul-de-sac.
• 213 Whirlaway Court went under contract on August 17th. This ranch style home on a cul-de-sac was originally priced at 187,900 and had 3 bedrooms and 2 bathrooms.

If you would like to be kept up to date on the 3 homes that are under contract to find out their actual sales prices upon closing or if you’d like to hear when new homes in the Towne Lake community of Brookshire come on the market or are sold, use the contact form to let me know. I can send you a list via e-mail or fax whenever you’d like.

In the month of August, Wyngate saw 5 homes be placed under contract to sell and 2 homes sell, according to FMLS.

The home that sold in Wyngate was:

• 1001 Braelin Court sold on August 29th for $210,000 which was 94.21% of its original asking price. This 4 bedroom, 2 and a half bathroom home was on the market for 112 days.
• 302 Sutton Court sold on August 9th for $187,300 which was 97.55% of its original asking price. This 4 bedroom, 2 and a half bathroom home in a cul-de-sac was on the market for 20 days.

The homes that went under contract in Wyngate were:

• 9104 Berkshire Court went under contract on August 19th. The original asking price was $279,900 for this 5 bedroom, 4 bathroom home.
• 4002 Sussex Court went under contract on August 23rd. This home with 4 bedrooms and 2 and a half bathrooms was listed for $239,900.
• 504 Huntgate Road went under contract on August 18th. The original asking price was $199,900 for this 4 bedroom, 2 and a half bathroom cul-de-sac home.
• 4035 Watkins Glen Drive went under contract on August 30th. This home with 4 bedrooms and 3 and a half bathrooms was listed for $183,500.
• 308 Woodknoll Court went under contract on August 24th. This home with 3 bedrooms and 2 and a half bathrooms was listed for $179,900.

If you would like to be kept up to date on the 5 homes that are under contract to find out their actual sales prices upon closing or if you’d like to hear when new homes in the Towne Lake community of Wyngate come on the market or are sold, use the contact form to let me know. I can send you a list via e-mail or fax whenever you’d like.